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money to reduce the deficit and will likely focus on a familiar target. white house correspondent wendell goaler tells us how that is going over. >> as the president headed to minnesota to talk about gun violence, republicans on capitol hill tried to keep the nation's attention on fiscal matters. >> we are having trouble in large part because spending is a problem. it is what is chasing jobs overseas and causing much anxiety about our future. >> sunday in a presuper bowl interview with cbs's scott kelly mr. obama said this year's changes shouldn't be the last. >> there is no doubt we need additional revenue coupled with smart spending reductions in order to bring down the deficit. he is not talking raising rates but closing loopholes especially those making money from investment pay a lower tax rate than income salaried or hourly wage earn ers. >> the average person doesn't have access to cayman island reports. they don't have access to interest income where they pay a much lower rate on billions of dollars they have earned. >> mr. obama says the only way to continue investing in
to the well again. the president insists he needs more money to reduce the deficit and will likely focus on a familiar target. white house correspondent wendell goaler tells us how that is going over. >> as the president headed to minnesota to talk about gun violence, republicans on capitol hill tried to keep the nation's attention on fiscal matters. >> we are having trouble in large part because spending is a problem. it is what is chasing jobs overseas and causing much anxiety about our future. >> sunday in a presuper bowl interview with cbs's scott kelly mr. obama said this year's tax changes shouldn't be the last. >> there is no doubt we need additional revenue coupled with smart spending reductions in order to bring down the deficit. he is not talking raising rates but closing loopholes especially those making money from investment pay a lower tax rate than income salaried or hourly wage earn ers. >> the average person doesn't have access to cayman island reports. they don't have access to interest income where they pay a much lower rate on billions of dollars they have earned. >> m
advising, we can replace the sequester with a smarter strategy that is a more gradual deficit reduction plan. he's going disagree with the republicans on how to do that. he's going to want revenue to be part of it. republicans will say no thank you. >> we'll get the president if a minute and a half. white house gave us a two-minute warning. i would say it's a short-term for the president and the congress not doing what they're supposed to do pass a budget every year. the president set up the sequester, a fiscal negotiations -- >> this is not a natural disaster. >> it's not a natural disaster. >> man-made. >> many ways the president's late submitting his own budget but coming to the podium because though he's part of the mess he thinks he has the upper hand. >> right. i'm having a world is upside down moment. when you talk to house republicans they say to you, you know what? this may be the best budget cuts we can get. let the sequester take effect, even if it cuts the military, the secretary and defense, leon panetta saying that would be shameful. but you have a lot of house republicans
the deficit instead but it didn't happen. house republicans poind out they passed a bill to replace the sequester with cuts to federal worker pay, food stamps and other programs. democrats say that puts the burden on poor and middle class americans to pay for debt reduction. >> remember the american people still believe by an overwhelming margin that the rich should contribute to this. >> reporter: republicans argue democrats have no plan for replacing the sequester beyond eliminating tax breaks for corporate jet owners and oil companies. >> these aren't real solutions, mr. president. they're poll tested gimmicks. >> reporter: the cuts were originally supposed to kick in last month, but a last-minute deal pushed them off for two months. the president is meeting at this hour with labor leaders later this afternoon with business leaders and the subject, norah and charlie, is sure to come up. >> nancy cordes thanks. >>> meantime house majority leader eric cantor will be outlining a new agenda for his party today calling for change. he wants republicans to focus
to reduce a deficit, he said the answer will require sacrifice from everyone. >> well, i don't think the issue right now is raising rates. the question is if we're going to be serious about reducing our deficit, can we combine some smart spending cuts, because there is still some waste in government. can we reform our health care programs in particular, because we spend a lot more on health care than every other country does, and we don't get better outcomes. so there is a lot of waste in the system. and there are things that we can do to reduce health care costs. and can we close some loopholes and deductions that folks who are well connected and have a lot of accountants and can take advantage of, so they end up paying lower rate that's an bus driver or a cop. can we close some of those loop holes? if we combine those things together, then we cannot only reduce our deficit, but we can continue to invest in things like education and research and things that will help us grow. >> meantime, the president leaves washington tomorrow for minnesota to make his case for new gun restriction
times" economist argued why the u.s. should spend now and worry about deficit reduction later. here it is. >> dashing spending when you still have depressed economy is really destructive. it's probably even counterproductive even in purely fiscal terms. we should be sustaining government spending until we have a stronger economic recovery. >> this is not a hard call. as long as we have 4 million people who have been unemployed for more than a year, this is not a time to be worrying about reducing the budget deficit. give me something that looks more like a normal employment situation and i'll become a deficit hawk but not now. >> do you subscribe to that, jared? or is that too extreme? >> not at all. i think paul's exactly right. paul and i share the following thing. we're deficit doves in a down economy, and deficit hawks in a strong economy. at a time like this, what you really need is faster growth. by the way, not only will that help put more people to work, but it will actually help reduce your budget deficit ironically because those people will be working, paying taxes, they w
the ravens led 28-6 and no team has ever come back from a 10 point deficit. 49ers came roaring back in the second half but the thrilling rally came five yards short less than two minutes to go and the ravens ended up winning 34- 31. [applauds] [applauds]. >> well the big come back in the second half had many 49ers holding out for a big win and having their team in the super bowl was a big achievement in its own and many were brought to tears from the disappointing loss. >>> crowds in san francisco were relatively calm last night but police still made some arrests. alex savage is in san francisco to talk about the extra precaution we are taking to prevent a repeat in vandalism, alex? >> reporter: they remained relatively calm and of course san francisco police had a lot of extra officers out in force and they had a lot of potential hot spots including the mission district and that's where we are now, things are still quiet right now. they had three times as many officers on the streets compared to an average sunday night and 49ers spilled out after that crushing loss to the ravens in
in the budget, but he says that he wants to ask congress to find a way to reduce the deficit in a balanced way to avoid these deep and indiscriminate cuts the large measure of which would come from the department of defense. we'll get you more on that, 12:15 the president will be speaking. a young girl's fight for her life spreading a message against taliban oppression, what an amazing story this is. we now hear from the 15-year-old girl from pakistan who was shot for just wanting to go to school. gregg: a florida teenage store did not take her court appearance very seriously until the judge laid down the law, but it's what she said that actually got her more time in the slammer. >> count one would be 10,000. >> are you serious? >> i am serious. adios. [bleep] >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your mon
a more sweeping plan of long-term deficit reduction when they couldn't do that, this automatic cut put in to place, in to law. now republicans saying that they expect it will happen and in part are okay with that. because it would automatically begin achieving some spending cuts that the two sides have not been able to come to terms with in another way. you heard the president saying there needs to be more time and the real wrinkle now is that republicans thought the tax issue of increasing rates and more revenue just resolved and from their point of view, they thought no more taxes. that issue's off the table but democrats and the president are talking about things like the famous corporate jet loophole and other things to bring in more money. republicans are saying, no. this is going to be one of those standoff moments. will there be a lot of tension between both sides to try to figure this out? >> absolutely. 2:30 eastern time, the professionive caucus to introduce legislation to eliminate the sequester and seeing a lot of move chess peets pieces on the board. >> reporter: absolutel
will do more than anything else to shrink the deficit and long-term tax reform, long-term entitlement reform. that's the right way to do it. but to cut now because we want to reform entitlements later doesn't make any sense. >> let me ask about that. you talk about tax reform. that's something the left wants and something the right wants. the problem is with tax reform, what it entails. here's the president today talking about tax reform, closing loopholes. >> there is no reason that the jobs of thousands of americans who work in national security or education or clean energy, not to mention the growth of the entire economy, should be put in jeopardy just because folks in washington couldn't come together to eliminate a few special interest tax loopholes or government programs that we agree need some reform. >> they're not little and they're not few and they're not easy. of the five of the top ten tax expenditures, these are loopholes. mortgage interest deduction, the deduction we get for health care, the child tax credit, deduction for state and local taxes, charity. okay. the presid
additional revenue coupled with smart spending reductions in order to bring down our deficit. and we can do it in a gradual way so it doesn't have a huge impact. >> the republican leadership saying flatly, no more tax hikes. >> so they're all dug in again on the fiscal issues. if you look at the polls, wolf, the public wants the president and congress to tackle those fiscal issues. ironically, they may be closer on gun control. they may be closer on immigration reform. but it's still the fiscal issues that are the real problem. >> in the next few week, they have some major things coming up on those issues. dan pfeiffer, the president's senior adviser, will join us in the next hour to discuss guns, guns and guns. >>> the nation's new secretary of state's wasting no time getting down to business. john kerry spent a busy weekend on the phone with palestinian and israeli leader, plus officials in japan, south korea and turkey. all that was before he officially said hello to the state department staff today. >> here's the big question before the country and the world and the state department aft
in order to bring down our deficit. if you combine those things together we cannot only reduce our deficit but we can invest in education and research and development that will help us grow. martha: what do you think about that at home and what does karl rove think about that. former senior adviser to president george w. bush. there was a lot in that sound bite. we know the tax hikes have kicked in, but the president is suggesting that we need more money from the american people essentially. >> we have a spending problem not a revenue problem. revenues this year are anticipated to be above the year they were in fiscal '08. they are going to be over $2.9 trillion over $2 trillion. spending has increased more rapidly than revenues. the tax revenues we got as a result of raising the rates on the top two brackets was eaten up about it congress in one spending bill proposed about it administration, the sandy relief measure. we have a spending problem and it's going to get worse. martha: during the campaign we heard from governor romney about changing the structure of the tax code long term inst
... >> reporter: at one point they led 28-6 and no team ever came back from more than a 10 point deficit to win the super bowl but the 49ers roared back in the second half and the thrilling rally ended five yards short less than two minutes to go and look at this play, right there, ravens won 34-31. >>> oh, yeah, last night fireworks lit up the sky in many parts of san francisco, a lot of 49ers fans wanted to celebrate another 49ers win but after that tough loss, a lot of fans decided to celebrate, it is just a fantastic season for the 49ers and they are already looking forward to next year. >>> well, thousands of 49ers fans packed san francisco bars to watch the game but police say there were some arrests after being mostly peaceful. alex is here to talk about crowd control effort. >> reporter: they did not use their disappointment to cause problems, only a handful of issues for police who were out in force prepared for potentially rowdy crowds and they were focused on hot spots and that includes here in the mission district where we have not seen much in the way of police activity, mostly jus
-old boy is safe and the kidnaper is dead. president obama says he needs more revenue to cut the deficit. he says he's talking about closing tax loopholes ones that benefit high income earners. the president was in minnesota today to talk about gun control. he asked members of his audience in minneapolis to press congress to take actions on proposals such as universal background checks for gun booirs. former official of the united nations nuclear energy says iran will produce enough fuel to make a nuclear bomb every two months. iran has not decided whether to pursue nuclear weapons. special report in washington starts. >> moments ago we heard from law enforcement and aut thoefrities regarding the release of the 5-year-old little boy who has been held captive for 7 days in alabama. let's go to jonathan for the latest. >> kimberly certainly some significant developments here mid afternoon people at the press site heard some sort of a boom. at the time we couldn't tell whether it was gun fire an explosion or a truck door shutting. it got everybody's attention we started hetding over looking
a year. kyla campbell? >> reporter: that is not enough to cut into the post office's deficit and they have lost $41 billion over the past few years. its packaged deliveries have increased 14% since 2010 and they are breaking a 100 year tradition to stop delivering first class mail but packages mail order prescriptions and express mail will still be delivered on saturdays and they have made several moves to save money. they have closed a number of post offices and shut down thousands more nationwide and slashed half of the nation's 26,000 post offices and it has trimmed its workforce by 3 5%. it is still unclear how the postal service will deliver without congressional approval. we will expect to hear details at their press conference in 45 minutes and i will have details in the next half hour. live in washington. kyla campbell ktvu channel 2 morning news. >>> some members of the congress now want to limit the government's authorities to use unmanned drones to kill suspected terrorists. the justice department said it would be lawful, legal to target and kill even an american c
to trim the deficit instead. but it didn't happen. house republicans point out they've passed the bill to replace the sequester with cuts to federal worker pay, food stamps, and other programs. democrats say that puts the burden on poor and middle-class americans to pay for debt reduction. >> remember, the american people still believe by an overwhelming margin that the rich should contribute to this. >> reporter: but republicans argue democrats have no plan for replacing the sequester beyond eliminating tax breaks from corporate jet owners and oil companies. >> these aren't real solutions, mr. president. they'regimmicks. >> reporter: the sequester was originally supposed to quick in last month, but a last-minute deal between the vice president and senator mcconnell, who you just saw, pushed it off for two months. since then, the will to enact a long-term deal appears, charlie and nora, to have evaporated. >> nancy cordes. >>> meantime, house majority leader eric cantor will be outlining a new agenda for his party today. he'll call on republicans to focus on issues like education and h
. and, norah, even the president has endorsed this move in the past. it was part of his deficit reduction package last year. >> nancy cordes, thanks. >>> john brennan is said to make his case on capitol hill but a leaked memo will complicate tomorrow's hearing. it spells out the case for killing americans linked to terrorism. bill plante is at the white house. bill, good morning. >> reporter: charlie, good morning. the unclassified memo was written by the justice department and sent to some members of congress last summer. it was never intended to be sent to the public, but it was leaked. brennan is the architect of the drone program and now the leak has the white house on the defensive. administration officials argued forcefully tuesday that the targeted killing of terrorists who are american citizens often by drone strikes is acceptable policy in the battle to keep america safe. >> these strikes are legal, ethical, and wise. >> we only take these kinds of actions when there is an imminent threat and when we're confident it's doing so that's consistent with international law. >
to an education. >> it was specially made, custom plate over the deficit in her skull which is this sort of size in the entrance. and, left-hand side of her skull. >> reporter: wow, the outspoken activist not giving up on her dreams to help others. her determination even stronger after outpouring of support she experienced following her injuries. >> because of these prayers god has given me this new life. and this is a second life. this is a new life. you want to serve. i want to serve the people. and i want every girl, every child to be educated. >> reporter: i love this little girl. malala's latest surgery restored her hearing with a cock letter implant. she will do so with a newly formed found decision, the malala fund, $10 million strong courtesy of pakistan. jon? jon: she is amazing, wow. >> reporter: so are the doctors. good for her. jon: jamie colby, thank you. jenna: new orleans was enjoying its moment in the national spotlight when suddenly the superdome plunged into darkness. the power outage putting the super bowl on hold for more than half an hour. what could cause a blackout right i
want a smaller deficit. hispanics are very much on the side of more government involvement. they want government services, they think that the government can do a lot to create jobs. they are very much in line with the democratic party and might be more pro government than the democratic party. if the republican party wants to woo voters, they need to adjust their message, not just on immigration, but also the economy and the basic principles about what the government can do. >> okay. aaron blake, thank you so much. appreciate that. >> thank you. >>> president obama preparing to move out of the white house oval office, work under way on a second oval office in the eisenhower executive office next door. the president will begin working there in august and make way for a two-year renovation of the white house west wing. >>> it's official. john kerry sworn in as secretary of state. duvall patrick has tapped his former top aide, william mo cohen to replace kerry until the june special election. scott brown took his name out of running yesterday. joining me now is frank phillips, who has b
to the deficit, and i'm just worried that one day we're going to wake up and the market's eyes are going to open up and say wait a minute, look at all these debt and start hitting the wrong way. but look. so far so good. for whatever reason the market likes what it sees, and i never argue with the market. it's kind of stupid to do that. i think you would be run over by a train if you bet against it right now. >> heather: gary kaltbaum joining us. thank you so much. we appreciate your insight as always. >> my pleasure. thank you. >> gregg: so he gave us the barney cam. remember that, and he was by president bush's side throughout his eight years in the white house. what the former president is now saying about his beloved scottish terrier. yeah the barney cam. >> heather: hours before the big game, gregg, new developments and allegations involving nfl player ray lewis. >> gregg: really? i'm so stunned. i'm surprised about this. >> heather: he's speaking out about this. >> gregg: he is? he's talking now? he wasn't really talking before. i'm stunned. >> heather: we'll hear what he has to say. >> i
deficit disorder. psychologically, how is this going to affect the little boy over the longterm? >> i think any ability in any trauma that happens to a child, whether they have a psychiatric or mental health problemo ornot is going to fall heavily on them. the biggest message we can send to this child by his mother and father is he is safe and he is protected because he didn't feel safe and he wasn't protected and he ended up in this situation. that's the biggest impact on a child, especially after something is resolved. luckily, this is successfully resolved. >> and of course, we don't know at this point what happened? we don't know whether there was sexual abuse or physical abuse or what happened in the bunker. >> right, and the tendency is going to be to swarm around him to get information, both to help him and to understand what went down down under that ground, but the bottom line is right now, these next few days are critical for this boy to bond with his family, to feel safe and feel protected. >> so tom, i wanted to ask you a question when you were talking about the negotiator
congress can work out a $1 trillion, ten-year deal to reduce the deficit. speaker boehner encouraged bipartisan cooperation. >> this not about being in a hurry. this is about trying to get it right on behalf of the american people and those suffering under an immigration system that doesn't work for anybody. >> the house judiciary committee is holding a hearing this morning on immigration policy. we're back after the break. ♪ to me now? you know the kind of guys that do reverse mortgage commercials? those types are coming on to me all the time now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you would rather deal with ahmadinejad than me. >>absolutely. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let me say anything. what the hell were they thinking? [♪ theme music ♪] >> announcer: ladies and gentlemen, it's the "stephanie miller show"! ♪ i'm walking on sunshine woe ho ♪ ♪ i'm walking on sunshine woe ho ♪
put together before some real decisions have to be made about our budget, our debt and our deficit. big questions today, the president's remarks 1:15 eastern time. >> reporter: and we're here in the newsroom, joadty is back on the witness stand again today, she's trying to stay off of death row. of she said she killed her boyfriend out of self-defense, prosecutors will ask her why that meant shooting him in the head and stabbing him 27 times. >>> also, the whole country very, very relieved to hear that 5-year-old boy who had been held hostage in alabama was freed successfully. we'll talk with a child psychologist about the emotional challenges that boy will now face. >>> and everyone knows you can't get blood from a stone, but can you get water from a rock on mars? nasa's trying to find that out. we've got an update for you. second hour of "happening now" starts right now. ♪ jenna: great to have you with us, everybody, on this tuesday. i'm jenna lee. jon: and i'm jon scott. a soft spoken and relatively calm jodi areas stet to take the -- set to take the stand again today. areas,
know, we've heard from republicans, we want to shrink the government, we want to shrink the deficit but not the why. >> i definitely think we are about solving the big problems, macro fiscal problems. the president hasn't joined us. but the reason we're doing that is we want to help people. we don't want to see interest rates skyrocket. what's that going to do to people who are already struggling to pay their mortgage? we don't want to see taxes go up anymore. what's that going to do to somebody who already has now just experienced a tax hike. we want to make life work again, and the path to do that does include trying to get a handle on the fiscal situation here in washington, but it also means putting in place policies that help people with their health care costs, their education needs, college tuition and the rest. >> you want to make people's lives better. some might ask how you can do that and still slash the federal budget the way you want to slash in order to meet your other goal, which is to reduce the deficit. >> well, again, these are, you know, things that we're trying t
it was part of his deficit reduction package last year. >> nancy cordes thanks. john brennan is said to make his case on capitol hill to become cia director. leaked memo spells out the link for americans being killed because of terrorism. >> reporter: good morning and good morning out west. that unclassified memo was written by the justice department sent to some members of congress last summer, never intended to be made public but it leaked this week. most likely because the senate is holding hearings tomorrow on the nomination of john brennan to head the cia. he's the architect of the program, and the leak now has the white house on the defensive. administration officials argued forcefully tuesday the targeted killing of terrorists who are american citizens often by drone strikes is acceptable policy in the battle to keep america safe. >> these strikes are legal. they are ethical and they are wise. >> we only take these kinds of actions when there is an eminent threat when capture is not feasible and when we are confident we're doing so in a way that's consistent wi
$745 million in budget deficits over the next decade because of a widening gap between how much they're actually making and spending. good luck, ravens. gretch? >> gretchen: thank you, brian. "fox & friends" has gone to the dogs. champion dog, that is. the westminster kennel club dog show, america's second longest continuously held sporting event. today we're honored to have some of the pups competing. joining me live, the voice of the westminster kennel club, david frye. hard to believe it's been another year. >> it goes by fast. >> gretchen: so what's this beautiful creature? >> this is a tibetan mastiff. it's again, we talk about new breeds, it just means they're newly recognized because they've been around for thousands of years. we finally got them out of tibet and over here to this country. you can see what a wonderful regal dog it is nonresponsive this is in the working class. >> yes. kondra. >> gretchen: let's have her go off with her owner. how much does she weigh? >> probably 140 or 50 pounds. >> gretchen: then the little guy. i used to have a jack russell terrier. that's w
Search Results 0 to 49 of about 65 (some duplicates have been removed)